$1,200,000

4 Beds 2 Baths 2,460 SQFT 0.12 Acres
Type: Multi-Family

618 NW 58th Street
Seattle, WA 98107

MLS#: 2573993
Presented by: Windermere Real Estate/HLC; Suzanne Fortune; 425-343-2623; sfortune@windermere.com

Property Description

 

INVESTOR ALERT! Legal Duplex in the heart of Ballard. Potential to add second Stacked Duplex or DADU to the site while keeping the existing Legal Duplex. This site has the potential for 4 Single Family Townhomes, or - consider a Stacked Condo Development which could yield as many as 8 units using 2.0 FAR for qualifying NR stacked-flat projects, which on roughly 5,000 SF lot could mean 10,000 SF of maximum floor area before applying all the other site constraints. Potential for middle-housing redevelopment including attached/detached homes and higher-density stacked-flat development; buyer to verify all information to their own satisfaction.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Softwood, Vinyl
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate4
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGoogle map friendly
Electric Expense0
Elementary SchoolWest Woodland
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingWall Furnace
High SchoolBallard High
High School DistrictSeattle
Insurance Expense1200
Leasable Area2,460 sqft
Listing TermsCash, Conventional, VA Loan
Living Area0 sqft
Lot Size Square Feet5,076 sqft
Lot Size UnitsSquare Feet
MLS Area705 - Ballard/Greenlake
Middle/Junior High SchoolHamilton Mid
NWM_ShowMapLinkY
Net Operating Income46528
New ConstructionNo
Number Of Units Total2
PossessionSee Remarks
Possible UseMulti-Family, Residential
Property ConditionFixer
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksINVESTOR ALERT! Legal Duplex in the heart of Ballard. Potential to add second Stacked Duplex or DADU to the site while keeping the existing Legal Duplex. This site has the potential for 4 Single Fami
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameBallard
Tax Annual Amount$8,912
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanySeattle Public Utilities
Water Sewer Garbage3360
Year Built1910
Zoning DescriptionMulti-Family, Residential

Exterior

Building Area Total2,460 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions47 x 108
Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk
Lot Size Acres0.1165
Parking Uncovered Total0
Site FeaturesOutbuildings
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Hamilton Mid
High School Ballard High
Elementary School West Woodland Elementary School

  

Similar Properties

$1,200,000

4 Beds 2 Baths 2,460 SQFT 0.12 Acres
Type: Multi-Family

618 NW 58th Street
Seattle, WA 98107

MLS#: 2573993